Category: Water damage insurance
Wonder What the Flood Damage Statistics Say?
Did you know that the average annual U.S. flood losses between 2002-2011 were more than 2.9 billion dollars, according to the National Flood Insurance Program? These are mortifying flood damage statistics, but you should know that although some other flood damage statistics say that there are relatively safer areas, all 50 states in the U.S. can fall victim to floods and flash floods.
The flood damage statistics also do not paint the whole picture, since many home insurance policies do not include flood policies, according to the National Flood Insurance Program. Since floods can be so few and far between in many parts of the country, it does not seem like such a big deal. In fact, some might even call it a paranoid indulgence, but you should know that any water damage your home receives can have a
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